EURUSD Eyes 1.1875 As ECB Mulls Full Scale QE

Yea looking at that move carefully - but what is interesting though is Gold and Silver which should be making higher highs the periods ahead. As I have said elsewhere - about nothing is stopping the metals. Not the tales of GDP not nothing. But alls well that ends well. The Euro strangely does appear divergent from the path of Gold so well - we trade where the market is headed.

The Crow (-_-)

BTW: With Gold and Silver decidedly bullish - it would pay to be careful with the Euro for signs of a sudden turn. Not comfortable with the divergence but you are right to suggest it though - since nothing firm indicates anything but a bearish disposition insofar as the Euro is concerned at this point - looking at 1.15 even 1.11 (if it underrshoots) but the issue is when will it be safe? I worry while Gold is strongly rising.

Makes all sense and stuff. But how many times in forex have predictions been right and how many times have they been wrong? I'm just following the market, which is always right.

It's christmas festival gold on demand

But the rise could be a fakeout - looking at it carefully too only a close firmly above 1201.01 and a high (spike or not) above 1213.74 both attained BCoB today will have me leaving my trades trendside beyond today on the assumption of further growth post holidays. Anything short of those numbers on those terms and especially a close below 1191.08 even by a dot (e.g. merely spikes above that level and dips to close or turn) - I am out of the up trade faster than a bullet. You know the bird in the book said "since man has learned to shoot without missing I have learnt to fly without perching" - I am with the bird. want to close the year smiling.

The Crow (-_-)